Escolar Documentos
Profissional Documentos
Cultura Documentos
ENT 300
SPARKLE LAUNDRY
PREPARED BY :
NAME
Eka Nurfateha Binti Mohd Rose Dzidan
Nur Shazana Binti Sharani
Siti Hanis Binti Rosli
Siti Zulaikha Binti Md Zaki
STUDENT ID
2014205268
2014296542
2014453538
2014202338
PREPARED FOR :
ENCIK MOHD FAIZOL RIZAL BIN MOHD RASID
DATE OF SUBMISSION :
04 MARCH 2016
CONTENTS
TITLE
Cover letter
Partnership Agreements
Acknowledgement
Executive summary
1. Main body :
1.1Introduction
1.2Purpose
1.3Company background
1.4Member(s) background
1.5Location of the business
PAGE
4-5
6-10
11
12
13
14-15
16
17
18-22
23-24
2. Marketing plan :
2.1Market objective
2.2List of services
2.3Target market
2.4Market size
2.5Competitors
2.6Market share
2.7Forecast
2.8Marketing strategy
2.9Marketing personnel
2.10 Marketing budget
3. Operations Plan :
3.1Process Planning
3.2Operation Layout
3.3Production Planning
3.4Material Planning
3.5Machine and Equipment Planning
3.6Forecast plan
3.7Manpower Planning
3.8Overhead Requirement
3.9Location Plan
3.10 Business Operation Hours
3.11 License , Permits and Regulations
3.12 Operation Budget
3.13 Implementation Schedule
4. Administration Plan :
4.1Introduction
4.2Organizational Chart
4.3Administration Personnel
4.4Schedule of Task and Responsibilities
4.5Schedule of Remuneration
4.6 Office Equipment
4.7Administration Budget
25
26
26
27
27
28
28
29
30-31
32
32
33
34-35
36
37
38
39
40
41
41
42
43
43
44
44
45
46
47
5. Financial Plan :
5.1Introduction
5.2Important of a financial plan
5.3Financial Input
5.4 Project Implementation Cost
5.4Budget
5.5Depreciation Schedule
5.6Pro Forma Cash flow statement
5.7Pro Forma Income statement
5.8Pro Forma Balance sheet
5.9Financial ratio analysis
6. Conclusion
7. Appendices
48
49-50
51
52-53
54
55
56
56
57-59
60
61-62
63-64
65
66
67
68
69-70
71-74
COVER LETTER
SPARKLE LAUNDRY
57-1, Jalan Dataran Suria 15/7,
42300 Bandar Puncak Alam,
SELANGOR DARUL EHSAN.
GENERAL MANAGER
BANK ISLAM BERHAD
25
September
2015
for my
business funding. For your information, we are new venture that wants to develop
our business. We plan to open the new business that serves laundry services around
Puncak Alam and we will try to expand to other areas especially around Selangor.
Our business is located at 57-1, Jalan Dataran Suria 15/7,42300 Bandar Puncak
Alam,Selangor.and all our facilities needed to operate our business can be found
there.
However, we do not have sufficient amount of capital to run the business. This
business needs a capital of RM237994.00 . As for now, we only have amount of
RM227994.00. Therefore, we would like to apply for a funding amount of
RM10000.00.
We would be much obliged if you could provide a business loan. We look forward to
hearing from you soon. I can be contacted at 017-7831803 if you wish to discuss
any of the above points. We are ready to furnish you with additional materials with
regards to this matter.
Thank you.
Sincerely,
PATNERSHIP AGREEMENT
This Partnership Agreement is made on JANUARY 2015 between Nur Shazana Binti
Sharani, Siti Hanis Binti Rosli, EkaNurfateha Binti Mohd Rose Dzidan and Siti
Zulaikha Binti Md Zaki.
1. Name of the Business
The parties hereby form a partnership under the same of Sparkle Laundry to serve a
professional laundry services. The laundry shall be at
2. Term
The partnership shall begin on 1 JANUARY 2015 and shall continue until every
partners agreed to terminate this partnership.
3. Capital
The capital of the partnership shall be contributed in cash by the partners as
follows:
Upon the demand of either partner, the capital accounts of the partners shall
be maintained at all the times in the proportions in which the partners share in the
profits and losses of the partnership. The capital contribution to the partnership is
stated as follow:
Name
Position
Percentage (%)
Capital
General Manager
7500.00
contribution(RM)
25%
Sharani
Siti
Hanis
Binti
Marketing Manager
7500.00
25%
Rosli
EkaNurfateha Binti
Operational
7500.00
25%
Manager
Financial Manager
7500.00
25%
Md Zaki
TOTAL
30,000.00
business. Without the consent of the other partner neither partner shall on behalf of
the partnership borrow or lend money, or make delivery or accept any commercial
paper or execute mortgage, security agreement, bond, or lease or purchase or
contract to purchase or sell or contract to sell an property for or of the partnership
other than the type of property bought and sold in the regular course of its
business.
8. Banking
All funds of the partnership shall be deposited in its name in such checking account
or accounts as shall be designed by the partners. All withdrawals there form are to
be made upon checks signed by either partners.
9. Books
The partnership book shall be maintained at the main office of the partnership and
each partner shall at all the times have access the books. The books shall be kept
on a fiscal year basis and shall be closed and balanced at the end of each fiscal
year. An audit shall be made as of the closing date.
10. Voluntary Termination
The partnership may be dissolved at any time by agreement of the partners, in
which event the partners shall proceed with reasonable promptness to liquidate the
business of the partnership.
11. Death
Upon death either partner, the surviving partner shall have the right either to
purchase the interest of the decedent in the partnership or to terminate and
liquidate the partnership business.
12. Arbitration
Any controversy or claim arising out of or relating to this agreement, or the breach
here of, shall be settled by arbitration in accordance with the rules. In witness where
of the parties have signed this Agreement.
Executed this January, day of, 2015 in Puncak Alam. Each partner agreed and
signed this agreement to show their commitment to this partnership.
Best regards
(General Manager)
Name : Nur Shazana Binti Sharani
I/C Number: 921031-01-5698
Best regards,
(Marketing Manager)
Name: Siti Hanis Binti Rosli
Best regards,
(Operating Manager)
Name: Eka Nurfateha Binti Mohd Rose Dzidan
I/C Number: 960206-08-5934
Best regards,
(Financial Manager)
Name: Siti Zulaikha Binti Md Zaki
I/C Number: 960425-10-6600
10
ACKNOWLEDGEMENTS
It is our proud privileges to express our deep sense of gratitude towards those who
have helped us completed this ENT300 business plan. In preparing this project, we
have followed the guidelines provided to us from UITM Student Portal and the
lecturer to achieve all the available goals, objectives while following the constraints
and regulation. This project discussion, meeting and planning were done mainly
Laman siswa, UITM Puncak Alam.
We would like to express our special appreciation and thanks to our lecturer, MR.
Mohd Faizol Rizal Bin Mohd Rasid., you have been a mentor for us. We would like to
thank you for encouraging and give advice to our group until this project done.
11
EXECUTIVE SUMMARY
position was hold by Siti Zulaikha Binti Mad Zaki. EkaNurfateha Binti Mohd Rose
Dzidanhold the Operation Manager position while Siti Hanis Binti Rosli hold the
Marketing Manager Position. This line up of expertise are really helping and
inevitable in setting up a business.
Sparkle Laundry is a cleaning service company but, we sure that we not the
same as other cleaning service companies. For sure, we providing as many type of
services that we can such as, cleaning clothes, garments, blankets and carpets. In
this new world, we think that we need to do some changes to cleaning service
business, so we planned to set up a professional service and fast services within 24
hours.. We really confident that we can penetrate the market shares easily and
strengthen our company name.
We have chosen Puncak Alam as our business location because this place is
developing fast. There is many neighbourhood are build and some of them are still
in developing process. For this reasons we sure that people will choose our laundrys
services to save their time as they do not have enough time to doing all of this.
Moreover, Puncak Alam is one of educational city where many colleges and
12
university nearby with our business location. Most of the student will choose to send
their garments to the laundry shop and we are giving the a promotional student
price to attract them.
In marketing term, Sparkle Laundry has an expert person in this field, Siti
Hanis binti Rosli who were always stay positive in searching and delivering the
laundry information to our target market. Our target market is common people, and
students. We have all of them in Puncak Alam and they should know that they have
us to do their cleaning services.
We sure we also have an expert Financial Manager. Our Financial Manager,
Siti Zulaikha Binti Mad Zaki will manage this company capital, and other sources
very well. We planned to minimize the cost of doing business and try to maximize
our sales. This not a dream but it is an reality. Our operation progress, will be leadby
EkaNurfateha Binti Mohd Rose Dzidan. Who has been worked for 1 years as the
Operation Manager at Sony Company. We really sure that our operation progress will
run smoothly.
We know that establishing a business is a hard process but we also know, as
long as we giving the best services, we will gain the great results, we will be a
successful company in doing this business. As long as we have a high confident
level, we sure that we will be strong to loud out our company name to everyone out
there.This business come from expert like us, we know how to motivate ourselves,
we get down, soon we will get up, for what? Just for the two reasons, We are here
to give the best to all of our clients and Everyone out there should know Sparkle
Laundry is a successful service.
13
14
1.1. INTRODUCTION
Our company name is Sparkle Laundry. Sparkle Laundry is a company that serves
a professional fabric care services. The nature of the business is a laundry services
which offers fast services. Laundry services in industry is a strong and energetic
business. Laundry services are seen as a viable solution for people when they dont
have the time or desire to do your laundry at home. Aside from convenience, this
particular industry s deemed important because it offers speciality services to clean
items that require more attention. This business would be operated on 1 January
2016.
The location of our business is at 57-1, Jalan Dataran Suria 15/7,Bandar
Puncak Alam. This location is chosen because the location is very strategic and
many facilities provided at that location.
SPARKLE LAUNDRY is a business that has 4 main members who manage and
run the business flow. All business activities are divided into general, marketing,
operation and financial. Every role has its own responsibilities. Our company is one
of company that serves a professional laundry services.
Laundry Industry is a strong and energetic business. Laundry services are seen
as a viable solution when you dont have the time or desire to do your laundry at
home. Aside from convenience, this particular industry s deemed important because
it offers speciality services to clean items that require more attention.
Our proposal is for entrepreneurs make it as a guideline for the organization
in order to carry out plan of any business activity. Besides, it is used to convince
certain party for instance the bank in order to give a business's loan. Our proposal is
15
as a measure in determining whether the business can succeed and gain profit or
not.
Hopefully, our proposal can give more benefits to entrepreneurs to use. As a
company based on service, the marketing plan is essential for guidelines on how to
implement the activities and work with efficiency and increase sales. We
concentrate in Puncak Alam.
8. To allocate business resources effectively and it is use as well as possible. Then, to get
the money we came out with idea to improve our product from time to time.
1.3. BACKGROUND OF BUSINESS
Name of Business
: Sparkle Laundry
Business address
Puncak Alam.
Correspondence address
Telephone number
Facsimile Number
Form of business
Main activity
Date of commencement
Date of registered
Registration Number
Name of bank
Bank account number
:
:
:
:
:
: SparkleLaundry@gmail.com
: 03-3516 4553
03-3516 4553
Partnership
We serve a professional fabric care service.
: 1 January 2016
: 1 December 2015
:PG12345X
Bank Islam Malaysia Berhad
03 108 03 000874 7
17
1.1
MEMBERS BACKGROUND
GENERAL MANAGER
921031-01-5698
Permanent address
Email address
Pinang.
Hurrunain96@yahoo.com.my
Telephone number
017-7831803
Date of birth
31.10.1992
Age
24
Marital status
Single
Academic qualifications
Course attended
Skills
Negotiation skill
Working Experience
Present occupation
18
MARKETING MANAGER
960717-10-6258
Permanent address
Email address
shrqowiy07@gmail.com
Telephone number
017-21126296
Date of birth
17.07.1996
Age
20
Marital status
Single
Academic qualifications
Diploma in , UiTM.
Course attended
Skills
Working Experience
Present occupation
OPERATION MANAGER
19
960206-08-5934
Permanent address
Email address
ekadzidan@gmail.com
Telephone number
017-3567556
Date of birth
06.02.1996
Age
20
Marital status
Single
Academic qualifications
Course attended
Skills
Working Experience
and
production
planning
demand.
One year as a operating manager r at Sony
Company
Present occupation
based
FINANCIAL MANAGER
20
on
940425-07-5838
Permanent address
Email address
zulaikhamdzaki@gmail.com
Telephone number
017-9378361
Date of birth
25.04.1994
Age
22
Marital status
Single
Academic qualifications
Diploma in Accounting,UiTM.
Course attended
Skills
Working Experience
Present occupation
21
5. Good water supply. Water supply must not only be of sufficient quantity, but
must also be free of too much minerals that affect the cleaning process.
6. Affordability. We compute our projected profit so that we will know if the rental
22
expense can be accepted and still make a good income. Since nobody can be sure
of how much sales the location will generate, We are the one who be conservative
in our estimate.
23
PRICE / KG (RM)
2.50
24
Comforter
10.00
2.2.2 Ironing
TYPES
Baju Kurung
Baju Melayu
Blouse
T-shirt
Trousers
Shirt
PRICE / PIECES
(RM)
2.00
2.00
1.00
1.00
1.50
1.50
PRICE/PIECES
(RM)
12.00
10.00
5.00
5.00
Table 2.1: The List and Price of Services
25
Number of
residents
Residents use
laundry service
(40%)
Laundry service
assumption of
usage
(4 times /month)
Monthly market
size
(RM)
10 000
Families
4000 families
RM50.00
RM200 ,000
10 000
Students
4000 students
RM50.00
RM200,000
TOTAL
RM400,000
26
2.5 COMPETITORS
Name of laundry
Strength
Aquanano
Weakness
Convenient
location
Good service
24hours services
Experience
management
Quick service
Everydays Laundry
Mama Laundry
Expensive
Inexperienced
management
Self service
laundry
Low class machine
Bad quality
detergent
Aquanano
70
280,000
65
260,000
Everydays Laundry
10
40,000
10
40,000
Mama Laundry
20
80,000
20
80,000
20,000
100
RM400,00
0
Sparkle Laundry
TOTAL
100
RM
400,000
27
MONTH
SALE FORECAST
(RM)
20,000
2
20,350
3
20,500
4
20,650
5
20,700
6
21,670
7
21,798
8
21,754
9
2
3
10
21,830
21,548
11
21,459
12
21,700
Total (RM)
Total (RM)
Total (RM)
253,959
259,038.18
266,809.33
consumers.
28
One the prominent marketing strategy of Sparkle Laundryis focusing on all classes
of costumers.
1. Promotion
Promotion represents all of the communications that a marketer may use in the
market place. Promotion has four distinct elements: advertising, public relations,
personal selling and sales promotion. A certain amount of crossover occurs when
promotion uses the four principal elements together, which is common in film
promotion.
2. Signboard & Banner
Signboard 3D is the way we introduce our company especially for our premises. Our
signboard is different than others.
directly in front of our building so that when people pass by, they will know where
we are and what services we are producing. We will design and locate our banners
at the main locations where people always come
junctions of the roads, terminal bus, universities or colleges, and so on. The total of
the banners is around five depends on how much place we will locate them. There
are the ways to marketing our laundry.
3. Website
Other alternative that we will use is the website that has information about our
company and products. In spite of that, we also will use social networking sites such
as blog, facebook, instagram and so on. Online selling is important as it is save our
budget to promote our laundry.
4. Business card
One of the ways to introduce our company and make our customers keep informed
about our
provided includes:
29
NO. OF
STAFF
MONTHLY
SALARY
(RM)
Marketing
Personnel
900
EPF
CONTRIBUTI
ON
(13%)
117
TOTA
L
SOCS
O
(2%)
AMOUN
T (RM)
18
1,035
RM
1,035
30
ITEM
Fixed asset:
Signboard
3D
signboard
Monthly
expenses:
Marketing
personnel:
Salary
EPF
SOCSO
FIXED ASSET
EXPENSES
(RM)
MONTHLY
EXPENSES
(RM)
OTHER
EXPENSES
(RM)
950.00
TOTAL
(RM)
950.00
900.00
117.00
18.00
Other expenses:
Promotions
Banner
Bussines
Card
Website
Flyers
Calendar
1,035.00
500.00
350.00
150.00
2000.00
1500.00
4,500.00
6,485
Table 2.7: The Marketing Budget
31
Activity
Description
32
Operation
Transportation
Inspection
Delay
Storage
33
Wash the loads depending on the time that has been set by
the washing machines.
Dry the clothes with dryer for 1 to 2 hours.
Iron the clothes if needed.
Fold the clothes.
Store the clothes according to the types and ready to be
returned to the customers.
34
35
IRIONING
DRY CLEANING
36
QUANTIT
Y
Detergent
50 kg
SAFETY
STOCK
5 kg
TOTAL
MATERIAL
REQUIREMEN
T
55 kg
PRICE
UNIT
(RM)
TOTAL
PRICE
(RM)
SUPPLIER
5.5
275.00
SYARIKAT
CHENG SOON
No. 31, Jalan Opera
F U2/F, TTDI Jaya,
Selangor, 40150
Shah Alam
Softener
20 liters
10 liters
32 liters
3.5
112.00
SYARIKAT
CHENG SOON
No. 31, Jalan Opera
F U2/F, TTDI Jaya,
Sekangor, 40150
Shah Alam.
Bleach
10 liters
5 liters
15 liters
2.9
29.00
SYARIKAT
CHENG SOON
No. 31, Jalan Opera
F U2/F, TTDI Jaya,
Sekangor, 40150
Shah Alam.
Perfume
lotion
15 liters
10 liters
25 liters
3.5
87.50
SYARIKAT
CHENG SOON
No. 31, Jalan Opera
F U2/F, TTDI Jaya,
Sekangor, 40150
Shah Alam.
Ink remover
2 liters
1 liters
3 liters
2.2
6.60
SYARIKAT
CHENG SOON
No. 31, Jalan Opera
F U2/F, TTDI Jaya,
Sekangor, 40150
Shah Alam.
510.10
37
Month
Purchases (RM)
510.10
787
998
1,197
1,545
1,456
1,594
1,525
1,830
10
1,535
11
1,468
12
1,622
Total (RM)
16,819
Total (RM)
17,155.38
Total (RM)
17,670.04
2
3
Table 3.3: Forecasted Acquisitions of Stock
3.5. MACHINE AND EQUIPMENT PLANNING
ITEM
PRICE /
UNIT
(RM)
UNIT
REQUIRED
TOTAL
COST
(RM)
Washing machine
2,050
6,150
SUPPLIER
TAN ELECTRICAL
SERVICE
No. 6, Ground Floor,
Jalan Anggerik Aranda
Seksyen 31, Shah Alam,
40460, Shah Alam.
38
POSITION
Dryer
NO. OF
STAFF
1,800
Worker
(operation)
Worker
(packaging)
Iron
MONTHLY
SALARY
(RM) 3
900
EPF
SOCSO
AMOUNT
(13%)
(2%)TAN ELECTRICAL
(RM)
(RM)5,400 (RM)
SERVICE
No. 6, Ground Floor,
117
18Jalan Anggerik
1.035
Aranda,
Seksyen 31, Shah Alam,
40460, Shah Alam.
900
250
Total
117
3
750
1,800
18 TAN ELECTRICAL
1,035
SERVICE
No. 6, Ground Floor,
234
36Jalan Anggerik
2,070
Aranda
Seksyen 31, Shah Alam,
40460, Shah Alam.
Iron board
65
WELLMAC
MACHINERY
195
Working table
80
WELLMAC
MACHINERY
80
Scale
50
WELLMAC
MACHINERY
50
Air Conditioner
1,000
TAN ELECTRICAL
SERVIC
2,000
TOTAL
14,625
ITEM
QUANTITY
39
(RM)
TOTAL
(RM)
1.
Packaging
50kg
(Small = 20kg
Medium =
20kg
Large = 5kg)
Small size =
3/kg
Medium size =
200
5/kg
Large size =
8/kg
2.
3.
4.
5.
Plastic bags
Glove
Hanger
Dry clean
50kg
7 pcs
155 pcs
100 pcs
3/kg
8
3.5
4
150
56
350
400
plastic bags
1,156
TOTAL
Our shop is located at 57-1, JalanDataranSuria 15/7, Bandar Puncak Alam, Selangor.
It is near to Tesco Hypermarket and McDonalds. The main reasons why we choose
this place are because it is strategic as there is nearby housing area with a really
40
high growing population residents and recreational park. There are a few companies
that run the same business like us. This shows that the area is suitable for our
company to open up this business. With our shop lot is just a stone throw away from
University Teknologi Mara, we stand to gain maximum exposure and publicity. Also,
with the availability of public transport in this area, gives the opportunity for
customers to easily access to our shop.
TIME
Tuesday Sunday
7.30am 7.00pm
Friday
2.30 am 7.30 pm
Monday
Close
Table 3.7: Operation Hour
The rest hour for our shop is stated from 12.30 pm to 1 pm and except Friday.
3.10. LICENSE, PERMITS AND REGULATIONS
License = Suruhanjaya Syarikat Malaysia (SSM)
Permits and regulations = Signboards for the laundry shop.
41
ITEM
FIXED ASSET
EXPENSES
(RM)
Fixed asset:
Machine and
Equipment
14,625
MONTHLY
EXPENSES
(RM)
Monthly
expenses:
- Operation
personnel:
Salary
EPF
SOCSO
-
OTHER
EXPENSES
(RM)
TOTAL
(RM)
14,625
1,800
234
36
2,580.10
510.10
Raw
Materials
TOTAL
Table 3.8: The Operation Budget
17,205.10
DEADLINES
42
DURATIONS
Incorporation of business
Sept-Oct 2015
3 months
Sept-Dec 2015
4 months
July-Aug 2015
2 months
3 months
Recruitment of labors
Dec 2015
1 month
Installation of machines
Dec 2015
1 month
Procurement of machines
and
raw material
43
4.1. INTRODUCTION
4.1.1. Vision
To be a market leader and to become a trusted and reliable laundry service provider in Malaysia.
4.1.2. Mission
Sparkle laundry wants to be a helping hands and provide finest quality dry cleaning and
laundry services to customers by express and personalized services with competitive
44
prices. Besides, the mission of the business is to establish value laden relationships with its
clients by providing them with convenient, professional, eco-friendly, efficient, effective and
hygienic oriented dry cleaning and laundry services
4.1.3. Objectives
45
Symbol
S, L
Meaning
To present our Companys name as well
as our brands
Black colour
46
Figure
MMJC
LAUNDRY
GENERAL
MANAGER
AMIRATUL
NADHIRAH BT
AMRAN
MARKETING
MANAGER
MARDHIAH BT
MD JUNOS
OPERATIONAL
MANAGER
NOR JULIANA
FITRAH BT
HAZNAN
FINANCIAL
MANAGER
NUURUL
SYAIRAH BT
NOR ZAN
POSTION
NO.OF WORKER
General Manager
Marketing Manager
Operation Manager
Financial Manager
TOTAL
48
POSITION
General Manager
recommendations.
Respond to employee concerns in timely
manner.
Provide direction and guidance to
to staff.
Conduct performance review and provide
Operation Manager
budget.
49
Prepare financial cost reports on monthly
basis, administer various customer
initiatives for financial services and projects
MONTHLY
SALARY
(RM)
POSITION
General
EPF
(13%)
(RM)
SOCSO
(2%)
(RM)
AMOUNT
(RM)
1,200.00
156.00
24.00
1,380.00
1,000.00
130.00
20.00
1150.00
1,000.00
130.00
20.00
1150.00
1,000.00
130.00
20.00
1150.00
4,200.00
546.00
84.00
4,380.00
Manager
Marketing
Manager
Operation
Manager
Financial
Manager
Total
Salary
50
Bonus
Annual leave
Working Days
Public Holiday
51
QUANTITY
PRICE / UNIT
(RM)
TOTAL COST
(RM)
170.00
170.00
Office Chair
110.00
220.00
File Cabinet
130.00
130.00
Air Conditioner
1,500.00
3,000.00
Computer
1,300.00
1,300.00
Fans
300.00
300.00
Office Telephone
70.00
70.00
Dustbin
15.00
30.00
Cleaning Tools
80.00
80.00
Fire Extinguisher
280.00
280.00
89.00
89.00
ITEM
Reception Table
52
TOTAL
5,599.00
ITEM
Fixed asset
expenses:
-Land and Building
-Office Equipment
FIXED
ASSET
EXPENSES
(RM)
MONTHLY
EXPENSES
(RM)
OTHER
EXPENSES
(RM)
TOTAL
(RM)
205,599
200,000.00
5,599.00
53
Monthly
expenses:
-Salaries, EPF &
SOCSO
- Utilities Bills
4,830.00
6,030.00
1,200.00
Other
expenses:
Business
Registration and
Licenses
2500.00
TOTAL
2,500.00
214,129
54
5.0
Introduction
A financial plan incorporates all financial data derived from the operating budgets
i.e. the marketing, production (or operations) and administration budgets. Financial
information from the operating budgets is then translated or transformed into a
financial budget.
Based on the financial data, projections are prepared via the following pro forma
statements:
Cash flow
55
To
To
To
To
To
5.1
FINANCIAL INPUT
ADMINISTRATIVE EXPENDITURE
Fixed Assets
RM
Land & Building
200,000.00
Office Equipment
5,599.00
56
Working Capital
Salaries
4,200.00
EPF&SOCSO
630.00
Other Expenditure
Other Expenditure
2,500.00
Pre-Operations
Deposit (rent, utilities, etc.)
1,200.00
TOTAL
214,129.00
MARKETING EXPENDITURE
Fixed Assets
OPERATIONS EXPENDITURE
RM
Signboard
Fixed Assets
950.00
RM
Working Capital
14,625.00
Working Capital
Salaries
900.00
Raw Material
EPF&SOCSO
135.00
Salaries, EPF&SOCSO
Other Expenditure
Other Expenditure
510.10
2,070.00
Other Expenditure
4,500.00
Pre-Operations
Pre-Operations
TOTAL
6,485
TOTAL
17,205
Year 1
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
SALES PROJECTION
20,000
20,350
20,500.00
20,650.00
20,700.00
21,670.00
21,798.00
21,754.00
PURCHASE PROJECTION
Month 1
510
Month 2
787
Month 3
998.00
Month 4
1,197.00
Month 5
1,545.00
Month 6
1,456.00
Month 7
1,594.00
Month 8
1,525.00
57
Month 9
Month 10
Month 11
21,830.00
21,548.00
21,459.00
Month 9
Month 10
Month 11
1,830.00
1,535.00
1,468.00
Month 12
21,700.00
Month 12
1,622.00
Total Year 1
253,959.00
Total Year 1
16,819.00
Year 2
Total Year 2
259,038.18
Total Year 2
17,155.38
Year 3
Total Year 3
266,809.33
Total Year 3
17,670.04
100%
Total
100%
Total
100%
Building
Office Equipment
Machine and Equipment
Signboard
5
5
5
5
2%
3%
6. Business background:
BUSINESS LEGAL ENTITY
NATURE OF BUSINESS
1 = Manufacturing
2 = Partnership
2 = Trading
3 = Sole Proprietorship
3 = Service
58
7. Sources of finance:
TERMS OF LOAN (if required)
Interest rate
Loan duration
Interest payment method*
5%
10 years
2
5.2
Cost
Sources of Finance
Loan
Fixed Assets
Hire-Purchase
Own Contribution
Cash
200,000.00
Office Equipment
5,599.00
Existing F. Assets
200,000.00
5,599.00
Signboard
950.00
950.00
14,625.00
14,625.00
59
Working Capital
month
s
Administrative
4,830.00
4,830.00
Marketing
1,035.00
1,035.00
Operations
Pre-Operations & Other
Expenditure
10
Contingencies
%
TOTAL
5.3
2,580.10
2,580.10
8,200.00
7,819.1
0
174.90
174.90
237,994.00
7,994.0
0
380.90
30,000.00
200,000.00
BUDGETS
ADMINISTRATIVE BUDGET
Particulars
Fixed Assets
Land & Building
Office Equipment
F.Assets
Monthly Exp.
200,000.00
5,599.00
Working Capital
Salaries
EPF&SOCSO
Total
200,000.00
5,599.00
4,200.00
630.00
60
Others
4,200.00
630.00
1,200.00
205,599
6,030
2,500.00
1,200.00
2,500.00
2,500
214,129
Others
Total
MARKETING BUDGET
Particulars
Fixed Assets
Signboard
F.Assets
Monthly Exp.
950.00
950.00
Working Capital
Salary
EPF&SOCSO
900.00
135.00
900.00
135.00
950.00
1,035.00
4,500.00
4,500.00
4,500.00
6,485.00
OPERATIONS BUDGET
Particulars
Fixed Assets
Machine &Equipments
F.Assets
Monthly Exp.
14625.00
Working Capital
Raw Materials
EPF &SOCSO
61
Total
14625.00
510.10
270.00
Others
510.10
270.00
14625.00
5.4
780.10
0.00
15405.10
DEPRECIATION SCHEDULES
SPARKLE LAUNDRY
DEPRECIATION &LOAN REPAYMENT SCHEDULES
Fixed Asset
Cost (RM)
Method
Economic Life
(yrs)
Yea
r
Annual
Depreciation
Signboard
Straight Line
Fixed Asset
Cost (RM)
Method
Office Equipment
5,599
Accumulated
Depreciation
Book Value
Yea
r
950
Straight Line
Annual
Depreciation
Accumulated
Depreciation
Book Value
5,599.00
950
1,119.80
1,119.80
4,479.20
190
190
760
62
1,119.80
2,239.60
3,359.40
190
380
570
1,119.80
3,359.40
2,239.60
190
570
380
1,119.80
4,479.20
1,119.80
190
760
190
1,119.80
5,599.00
190
950
Fixed Asset
Cost (RM)
Fixed Asset
Cost (RM)
Method
14,625
Straight
Line
Annual
Accumulate
d
Year
Depreciation
Depreciation
Book Value
14,625
2,925
2,925
2,925
3
4
5
Building
Method
200,000
Straight
Line
Annual
Accumulated
Year
Depreciation
Depreciation
Book Value
200,000
11,700
40,000
40,000
160,000
5,850
8,775
40,000
80,000
120,000
2,925
8,775
5,850
40,000
120,000
80,000
2,925
11,700
2,925
40,000
160,000
40,000
2,925
14,625
40,000
200,000
10,000
10%
5
Annual Rest
Method
Year
Principal
Interest
Total Payment
Principal Balance
0
1
2
3
4
5
1,000.00
800.00
600.00
400.00
200.00
2,000.00
2,000.00
2,000.00
2,000.00
2,000.00
10,000.00
8,000.00
6,000.00
4,000.00
2,000.00
-
3,000.00
2,800.00
2,600.00
2,400.00
2,200.00
63
5.5
64
5.6
65
66
5.7
Year 2
Year 3
Building
200,000
14625.00
Office Equipment
5,599.00
950.00
30,000
Deposit
14,400.00
14,688.00
15,128.64
TOTAL ASSETS
265,574.00
14,688.00
15,128.64
30,000.00
254,763.20
332,012.00
370,716.73
Term Loan
36,000.00
33,600.00
31,200.00
320,763.20
365,612.00
401,916.73
FIXED ASSETS
Signboard
CURRENT ASSETS
Cash
OTHERS ASSETS
EQUITY
Capital
Accumulated Profit
CURRENT LIABILITIES
LONG-TERM LIABILITIES
67
5.8
SPARKLE LAUNDRY
FINANCIAL RATIO ANALYSIS
Year 1
PROFITABILITY
Gross Profit Margin
Net Profit Margin
Return on Assets
Return on Equity
SOLVENCY
Debt to Equity
Debt to Assets
Time Interest Earned
6.CONCLUSION
68
Year 2
Year 3
1.07%
1.00%
0.96%
0.79%
1.07%
0.30%
5.26%
0.21%
1.07%
0.15%
2.56%
0.10%
0.11%
0.14%
0.09%
2.29%
0.08%
2.06%
led
by
the
Administration
Manager,
Nur
ShazanabtSharani
investment potential of the project. Lastly, the purpose on doing the business plan
is to allocate business resources effectively.
All in all, we hope that our company, Sparkle Laundry will achieve our vision,
mission and also the objective on establishing the company and will be the one of
well-known company in Puncak Alam and also in Malaysia one day.
70
APPENDICES
MENTOR
1. PUAN MUSFIRAH
57-1,JALAN ALAM SURIA 15/7,42300 BANDAR PUNCAK ALAM,
SELANGOR DARUL EHSAN
2. MR MOHD FAIZOL RIZAL BIN MOHD RASID
LECTURER ENT300
UITM PUNCAK ALAM
COMFIRMATION LETTER
71
WASHING MACHINES
72
IRONING SECTION
73
74